Untitled Document

March 2018

CCIS NEWS

50th conferral of CCIS awards: 9 Oscars awarded for economic achievements

 

On 26 March, 1 businesswoman and 8 businessmen received the Awards of the CCIS for extraordinary economic and entrepreneurial achievements. This was now for the 50th time that the Chamber of Commerce and Industry of Slovenia (CCIS) has given this award as recognition to businessmen for their many years of successful company management.

The CCIS Award for 2017 went to:

  • Borut Čeh, Labena d.o.o.
  • Rado Čulibrk, NIKO, d.o.o. Železniki
  • dr. Robert Golob, GEN-I, d.o.o.
  • Branko Kamenšek, LEK veterina d.o.o.
  • Ivan Kralj, Arex d.o.o. Šentjernej
  • Matjaž Omladič, Novem Car Interior Design d.o.o.
  • dr. Mark Pleško, Cosylab d.d.
  • Iztok Špan, Tajfun Planina d.o.o.
  • dr. Flora Cvetka Tinauer, EBA d.o.o., Ljubljana

Over 200 Kosovo participants at the Slovenia-Kosovo Forum

On 12 and 13 March, a visit of the business delegation of Slovene companies to Kosovo was organised by the SPIRIT Slovenia Public Agency, the Ministry of Foreign Affairs, the Kosovo Chamber of Commerce and the CCIS. The delegation was organised in the framework of the official visit of the Vice-President of the Government and the Minister of Foreign Affairs of the Republic of Slovenia, Mr. Karl Erjavec, to Kosovo and the first session of the Joint Commission for economic cooperation between Slovenia and Kosovo. A visit of 18 Slovene companies to Kosovo has attracted significant attention of the local business public with almost 200 Kosovo businessmen attending the event focused on bilateral business meetings.

Investment opportunities in Serbia

On 1 March, representatives of Serbian municipalities and companies presented investment and business potential and opportunities in their environments. It is a traditional event which is regularly organised together with the Serbian and Slovene Business Club (SSPK) and aims at promoting business cooperation as well as positioning Slovene companies in the Serbian market, especially in the environments that are usually overlooked at the events on the "national" level, although such environments have interesting business opportunities to offer and companies are eager to compete at foreign markets independently.

 
UPCOMING EVENTS

6 April: 1st National Conference on the Internationalisation of the Slovene economy

Are Slovene exporters today in a better position than before the economic crisis in 2008? Have competitor countries already overtaken us? What is the role of the state and the supportive environment in the field of internationalisation?

We will try to find the answers to all these and similar questions at the conference organised by the Ministry of Economic Development and Technology, the Chamber of Commerce and Industry of Slovenia, the SPIRIT Slovenia Public Agency and the Ministry of Foreign Affairs.

15–21 April: Slovene Transport and Logistics Delegation to Tokio and Nagoya, Japan

The SPIRIT Slovenia Public Agency and the Ministry of Economic Development and Technology, in collaboration with the Chamber of Commerce and Industry of Slovenia and JETRO, are organising a visit of a Slovene transport and logistics delegation to Japan from 15 to 21 April 2018. The delegation is for Slovene companies in the transport and logistics industry wishing to attend B2B meetings with potential Japanese partners and participating in the overall promotion of Slovenia as a logistics platform for Central and South-Eastern Europe.

23–27 April: EEN Brokerage Event during Hannover Messe 2018

The Enterprise Europe Network (EEN) and its partner, the Chamber of Commerce and Industry of Slovenia, ask you to join the networking event that will take place in Hannover during the biggest world trade fair for industrial technology, Hannover Messe 2018. The chosen networking sectors correspond to the sectors covered by the Hannover Messe 2018: digital factory, energy, integrated automation, mobility and drive technology, R&D and technology transfer, innovative supply solutions, and lightweight construction.

26 April: Energy Transition As an Opportunity for the Slovene Economy

Slovenia's energy transition to a low-carbon society is an exceptional challenge for the Slovene energy sector, the economy and all citizens of Slovenia. The projects to be implemented require professional staff and an appropriate organization of all those who participate in the investment process.

16 and 17 May: B2B meetings – protective or functional food for particular nutritional purposes

You are cordially invited to take part in B2B meetings with representatives of the food industry, on the topic of protective or functional food for particular nutritional purposes, called "Free From Functional Food 2018", which will take place on 16 and 17 May 2018 in the Swedish capital Stockholm.

 
ACCOMPLISHMENTS

Air pollutant emissions from medium combustion plants: the new decree follows the Directive more closely

The Decree on the emission of substances into the atmosphere from medium combustion plants, gas turbines and stationary engines (OJ RS, No 17/18) which was adopted by the Slovene Government last week, transposes into the Slovene legal order the Directive (2015/2193) on the limitation of emissions of certain pollutants into the air from medium combustion plants. When the Decree was drawn up, the comments of the CCIS from the public discussion were taken into account, namely to follow more closely the provisions of the Directive, especially regarding the requirements related to plants that operate less than 500 operating hours per year and regarding the execution of operational monitoring. The novelty of the Decree is that all combustion plants, gas turbines over 1 MW and stationary engines over 1 MW will now have to be entered into the registry of plants by 31 January 2022.

 
BETTER REGULATION

Despite the resignation of Prime Minister Mr. Cerar the Government should continue its work smoothly

The CCIS estimates that the resignation of Prime Minister Mr. Miro Cerar three months before scheduled parliamentary elections does not pose any significant risk or major instability for businesses in Slovenia. The pre-election period has already begun, meaning that politics is more focused on the next four years.

It is necessary to continue the second track project

The Koper-Divača second track is a strategic national project and should not become hostage of politics. Its fast and quality construction is crucial for the long-term development of Slovenia.

Extension of restrictions on the employment of Croats is an own goal for the Slovene economy

The Chamber of Commerce and Industry of Slovenia absolutely opposes unreasonable political decisions that could endanger the positive economic forecasts for Slovenia tomorrow.

 
DATA SECTION

The OECD predicts that the global economy will see a growth of 3.9% (following the 3.7% growth in 2017). Investments are increasing, international trade is growing and the same goes for employment. Growth in the euro area is expected to remain moderate, between 2.1 and 2.3% in the years 2018 and 2019. Improvements on the labour market and a high level of consumer and business confidence contribute to the growing demand. Due to strong global demand and favourable financing conditions, investments are increasingly supported. The main contributions to recent growth in the global dynamics came from the USA (tax reductions and higher state consumption) and Germany (part of the surplus was dedicated to higher state spending and relieving tax burdens). In the USA, the economic growth over the next two years is expected to be between 2.8 and 3% as the optimism of consumers is expected to grow, along with the higher number of new jobs and increased oil extraction. Economic growth of China is expected to amount to 6–7%. The number of working-age Chinese has decreased and lending terms have been tightening. The economic forecasts for Slovenia remain at a high level. The Institute of Macroeconomic Analysis and Development (IMAD) forecasts an economic growth of 5.1% for this year and 3.8% for 2019. CCIS analysts remain a bit more careful and estimate a 3.9% growth for this year and a 2.8% growth for 2019. Short-term indicators for Slovenia are at more advanced levels compared to the previous year. In particular, the value of construction works has strengthened; trade in goods has evidenced a record 2-digit year-on-year increase, and sale of passenger cars has evidenced a 10% year-on-year increase. Inflation remains moderate; in February, it amounted to 1.2% on an annual level.

Below you will find some statistical data for Slovenia.

 

Growth rates in % - in comparison to the same period of previous year

Latest data

GDP – real growth

6.2

4q 2017, S.A.*

GDP – forecast for 2018**

3.9

Feb. 2018

Consumer prices (HICP)

1.2

Jan. 2018

Exports of goods

13.6

Jan. 2018

Imports of goods

12.5

Jan. 2018

Industrial production (manufacturing)

8.0

2017

Retail sales w/o motor fuels (real)

2.8

Jan. 2018

Construction (real)

75.9

Jan. 2018

Exchange rate EUR/USD

1.2348

Feb. 2018

Diesel (EUR/litre), VAT incl.

1.280

Valid from Mar. 13th, 2018

*seasonally and calendar adjusted
**Eastern European Consensus

 

Issued by: Chamber of Commerce and Industry of Slovenia, Dimičeva 13, Ljubljana
Contact: poslovni.tednik@gzs.si, T: (01) 5898 000, eng.gzs.si

CCIS is a member of the European Enterprise Network Slovenia.

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